FLASH ELEC: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FLASH ELEC
Largest movements
- Receivables within one year -€55,491
down €55,491 (-35.9%), from €154,453 to €98,961
of which Trade receivables: -€56,043
- Tangible fixed assets -€16,731
down €16,731 (-33.8%), from €49,524 to €32,793
- Cash +€3,491
up €3,491 (+44.3%), from €7,881 to €11,372
mainly Receivables within one year (+€55,491) and Depreciation (+€18,583)
- Trade debts -€48,363
down €48,363 (-70.5%), from €68,604 to €20,242
- Debts after one year -€13,891
down €13,891 (-49.5%), from €28,084 to €14,193
- Tax, wage and social debts -€4,911
down €4,911 (-29.9%), from €16,411 to €11,500
of which Taxes: -€10,263
- Reserves +€3,000
up €3,000 (+4.4%), from €68,260 to €71,260
- Staff costs +€27,219
up €27,219 (+387.0%), from €7,034 to €34,254
- Taxes -€11,188
down €11,188 (-84.5%), from €13,241 to €2,053
- Gross operating margin -€2,769
down €2,769 (-4.3%), from €64,986 to €62,217
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,058 | €150,139 | -€65,919 | -30.5% |
| Fixed assets | 21/28 | €49,524 | €32,793 | -€16,731 | -33.8% |
| Tangible fixed assets | 22/27 | €49,524 | €32,793 | -€16,731 | -33.8% |
| Furniture and vehicles | 24 | €49,524 | €32,793 | -€16,731 | -33.8% |
| Current assets | 29/58 | €166,534 | €117,346 | -€49,188 | -29.5% |
| Stocks and contracts in progress | 3 | €500 | €2,500 | +€2,000 | +400.0% |
| Stocks | 30/36 | €500 | €2,500 | +€2,000 | +400.0% |
| Amounts receivable within one year | 40/41 | €154,453 | €98,961 | -€55,491 | -35.9% |
| Trade receivables | 40 | €150,130 | €94,087 | -€56,043 | -37.3% |
| Other amounts receivable | 41 | €4,323 | €4,874 | +€552 | +12.8% |
| Cash at bank and in hand | 54/58 | €7,881 | €11,372 | +€3,491 | +44.3% |
| Deferred charges and accrued income | 490/1 | €3,701 | €4,513 | +€812 | +22.0% |
| Total equity and liabilities | 10/49 | €216,058 | €150,139 | -€65,919 | -30.5% |
| Equity | 10/15 | €87,072 | €90,313 | +€3,241 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,260 | €71,260 | +€3,000 | +4.4% |
| Distributable reserves | 133 | €68,260 | €71,260 | +€3,000 | +4.4% |
| Profit (loss) carried forward | 14 | €212 | €453 | +€241 | +113.9% |
| Amounts payable | 17/49 | €128,986 | €59,826 | -€69,160 | -53.6% |
| Amounts payable after more than one year | 17 | €28,084 | €14,193 | -€13,891 | -49.5% |
| Financial debts | 170/4 | €28,084 | €14,193 | -€13,891 | -49.5% |
| Amounts payable within one year | 42/48 | €99,083 | €45,633 | -€53,449 | -53.9% |
| Current portion of amounts payable after more than one year | 42 | €14,067 | €13,891 | -€175 | -1.2% |
| Trade debts | 44 | €68,604 | €20,242 | -€48,363 | -70.5% |
| Suppliers | 440/4 | €68,604 | €20,242 | -€48,363 | -70.5% |
| Taxes, remuneration and social security | 45 | €16,411 | €11,500 | -€4,911 | -29.9% |
| Taxes | 450/3 | €13,323 | €3,060 | -€10,263 | -77.0% |
| Remuneration and social security | 454/9 | €3,089 | €8,440 | +€5,351 | +173.3% |
| Accrued charges and deferred income | 492/3 | €1,819 | - | -€1,819 | |
| Remuneration, social security and pensions | 62 | €7,034 | €34,254 | +€27,219 | +387.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,267 | €18,583 | +€316 | +1.7% |
| Other operating charges | 640/8 | €2,881 | €2,699 | -€183 | -6.3% |
| Gross operating margin | 9900 | €64,986 | €62,217 | -€2,769 | -4.3% |
| Operating profit (loss) | 9901 | €36,804 | €6,682 | -€30,122 | -81.8% |
| Financial income | 75/76B | €574 | €271 | -€304 | -52.9% |
| Recurring financial income | 75 | €574 | €271 | -€304 | -52.9% |
| Financial charges | 65/66B | €2,040 | €1,658 | -€382 | -18.7% |
| Recurring financial charges | 65 | €2,040 | €1,658 | -€382 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €35,338 | €5,294 | -€30,044 | -85.0% |
| Income taxes | 67/77 | €13,241 | €2,053 | -€11,188 | -84.5% |
| Profit (loss) for the period | 9904 | €22,098 | €3,241 | -€18,856 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,098 | €3,241 | -€18,856 | -85.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.